Perth’s housing market is leading Australia with a 10.4% annual increase in property prices. The city’s median house price has reached a record high of $713,811. Unit prices are also rising for the first time in 9 quarters, now outperforming houses in quarterly and annual growth. Perth has experienced the most significant increase in rental prices among all capital cities since the pandemic began. The strong price growth is being fueled by undersupply of housing, population increases from interstate migration and overseas arrivals, and tight rental conditions.

Leverage the current real estate upswing and diversify your investment with IPW. Our customised strategies help grow your wealth sustainably. Interested in the opportunities across Perth and the rest of Australia? Connect with our team today!